The Daily Mail’s hysterical right-wing rhetoric could be driving away readers and advertisers. The British tabloid’s publisher has reported a staggering loss of £112 million ($151 million).

Daily Mail & General Trust (DMGT), which also owns the Mail on Sunday and the Metro, reported a 13-percent drop in profits to £226 million ($304 million) on Friday. Saying it had been “adversely affected by recent disposals and challenging conditions in some of our sectors,” it set gloomy forecasts for the future as well.